optimal living (kent) limited
optimal living (kent) limited Company Information
Company Number
10655155
Website
-Registered Address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
Industry
Residential care activities for the elderly and disabled
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mr hiren satra 49%
mrs chetna satra 49%
View Alloptimal living (kent) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMAL LIVING (KENT) LIMITED at £1m based on a Turnover of £1.3m and 0.77x industry multiple (adjusted for size and gross margin).
optimal living (kent) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMAL LIVING (KENT) LIMITED at £1.1m based on an EBITDA of £180k and a 6.28x industry multiple (adjusted for size and gross margin).
optimal living (kent) limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMAL LIVING (KENT) LIMITED at £2.5m based on Net Assets of £724.5k and 3.39x industry multiple (adjusted for liquidity).
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Optimal Living (kent) Limited Overview
Optimal Living (kent) Limited is a live company located in gloucestershire, GL50 3AT with a Companies House number of 10655155. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in March 2017, it's largest shareholder is mr hiren satra with a 49% stake. Optimal Living (kent) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Optimal Living (kent) Limited Health Check
Pomanda's financial health check has awarded Optimal Living (Kent) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£3.3m)
- Optimal Living (kent) Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5%)
- Optimal Living (kent) Limited
5% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Optimal Living (kent) Limited
37.6% - Industry AVG
Profitability
an operating margin of 10% make it as profitable than the average company (10.3%)
- Optimal Living (kent) Limited
10.3% - Industry AVG
Employees
with 34 employees, this is below the industry average (78)
34 - Optimal Living (kent) Limited
78 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
- Optimal Living (kent) Limited
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £38.6k, this is equally as efficient (£38.6k)
- Optimal Living (kent) Limited
£38.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Optimal Living (kent) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Optimal Living (kent) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Optimal Living (kent) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (18 weeks)
27 weeks - Optimal Living (kent) Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.5%, this is a higher level of debt than the average (46.9%)
66.5% - Optimal Living (kent) Limited
46.9% - Industry AVG
OPTIMAL LIVING (KENT) LIMITED financials
Optimal Living (Kent) Limited's latest turnover from June 2023 is estimated at £1.3 million and the company has net assets of £724.5 thousand. According to their latest financial statements, Optimal Living (Kent) Limited has 34 employees and maintains cash reserves of £351.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 34 | 30 | 33 | 34 | 29 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 871,092 | 878,397 | 792,879 | 803,152 | 812,821 | 0 |
| Intangible Assets | 140,625 | 150,000 | 159,375 | 168,750 | 178,125 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,011,717 | 1,028,397 | 952,254 | 971,902 | 990,946 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 796,337 | 605,000 | 405,000 | 405,000 | 0 | 0 |
| Misc Debtors | 3,262 | 3,016 | 3,054 | 411 | 761 | 0 |
| Cash | 351,465 | 231,666 | 447,608 | 225,449 | 256,631 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,151,064 | 839,682 | 855,662 | 630,860 | 257,392 | 0 |
| total assets | 2,162,781 | 1,868,079 | 1,807,916 | 1,602,762 | 1,248,338 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 52,335 | 54,000 | 45,501 | 40,000 | 39,000 | 0 |
| Trade Creditors | 0 | 13,170 | 1,261 | 0 | 0 | 0 |
| Group/Directors Accounts | 482,335 | 414,010 | 351,531 | 272,830 | 272,400 | 0 |
| other short term finances | 0 | 0 | 133,632 | 67,458 | 33,405 | 0 |
| hp & lease commitments | 8,400 | 8,400 | 0 | 6,593 | 2,592 | 0 |
| other current liabilities | 113,935 | 109,653 | 115,791 | 140,549 | 87,361 | 0 |
| total current liabilities | 657,005 | 599,233 | 647,716 | 527,430 | 434,758 | 0 |
| loans | 765,827 | 567,574 | 621,400 | 619,942 | 661,151 | 0 |
| hp & lease commitments | 700 | 9,100 | 0 | 0 | 6,593 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 14,784 | 17,365 | 3,537 | 4,883 | 7,737 | 0 |
| total long term liabilities | 781,311 | 594,039 | 624,937 | 624,825 | 675,481 | 0 |
| total liabilities | 1,438,316 | 1,193,272 | 1,272,653 | 1,152,255 | 1,110,239 | 0 |
| net assets | 724,465 | 674,807 | 535,263 | 450,507 | 138,099 | 0 |
| total shareholders funds | 724,465 | 674,807 | 535,263 | 450,507 | 138,099 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 39,808 | 28,784 | 19,121 | 11,248 | 15,945 | |
| Amortisation | 9,375 | 9,375 | 9,375 | 9,375 | 9,375 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 191,583 | 199,962 | 2,643 | 404,650 | 761 | 0 |
| Creditors | -13,170 | 11,909 | 1,261 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,282 | -6,138 | -24,758 | 53,188 | 87,361 | 0 |
| Deferred Taxes & Provisions | -2,581 | 13,828 | -1,346 | -2,854 | 7,737 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -1,665 | 8,499 | 5,501 | 1,000 | 39,000 | 0 |
| Group/Directors Accounts | 68,325 | 62,479 | 78,701 | 430 | 272,400 | 0 |
| Other Short Term Loans | 0 | -133,632 | 66,174 | 34,053 | 33,405 | 0 |
| Long term loans | 198,253 | -53,826 | 1,458 | -41,209 | 661,151 | 0 |
| Hire Purchase and Lease Commitments | -8,400 | 17,500 | -6,593 | -2,592 | 9,185 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 119,799 | -215,942 | 222,159 | -31,182 | 256,631 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 119,799 | -215,942 | 222,159 | -31,182 | 256,631 | 0 |
optimal living (kent) limited Credit Report and Business Information
Optimal Living (kent) Limited Competitor Analysis
Perform a competitor analysis for optimal living (kent) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in GL50 area or any other competitors across 12 key performance metrics.
optimal living (kent) limited Ownership
OPTIMAL LIVING (KENT) LIMITED group structure
Optimal Living (Kent) Limited has no subsidiary companies.
Ultimate parent company
OPTIMAL LIVING (KENT) LIMITED
10655155
optimal living (kent) limited directors
Optimal Living (Kent) Limited currently has 2 directors. The longest serving directors include Mrs Chetna Satra (Mar 2017) and Mr Hiren Satra (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Chetna Satra | United Kingdom | 54 years | Mar 2017 | - | Director |
| Mr Hiren Satra | United Kingdom | 56 years | Mar 2017 | - | Director |
P&L
June 2023turnover
1.3m
+55%
operating profit
130.8k
0%
gross margin
37.6%
-0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
724.5k
+0.07%
total assets
2.2m
+0.16%
cash
351.5k
+0.52%
net assets
Total assets minus all liabilities
Similar Companies
optimal living (kent) limited company details
company number
10655155
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
March 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
optimal living (peterborough) limited (November 2018)
last accounts submitted
June 2023
address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
accountant
HAZLEWOODS LLP
auditor
-
optimal living (kent) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to optimal living (kent) limited. Currently there are 3 open charges and 2 have been satisfied in the past.
optimal living (kent) limited Companies House Filings - See Documents
| date | description | view/download |
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